A loan of $550 helped to buy washing machines to rent out.

Luis's story

Two years ago, Luis took a look at his savings and realized that, besides investing in the purchase of his own home, he had enough to undertake a business to generate income. So it happened that while watching a friend in the market, he realized the need to offer washing machine rentals to help families, especially housewives, with their daily chores. These days he feels very pleased that he made that decision and wants to expand his business.

He makes his sales daily, offering his services from 8 in the morning until 8 at night. His goal is to increase his inventory in order to generate more income and, with that, to continue creating a better quality of life. Now he is applying for a Kiva loan, with which he will buy washing machines to help him reach his goal of increasing his income-generating rentals: a dream of prosperity that he will reach little by little.

Translated from Spanish by Kiva volunteer Patricia Patton

Loan details

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Loan details